Pound Australian Dollar forecast page 17 - GBP AUD

The Pound to Australian Dollar (GBP/AUD) exchange rate has edged higher this morning despite the release of disappointing retail sales figures from the UK. At the time of writing the GBP/AUD pairing are trading around the AU$1.9143 level as a worsening coronavirus situation in Australia dents ‘Aussie’ appeal. Pound (GBP) Pushes...

GBP/AUD Exchange Rate Rises, UK Jobs Data Beats Forecasts The Pound Australian Dollar (GBP/AUD) exchange rate rose today following stronger-than-expected UK labour data for June, with joblessness falling from 4.8% to 4.7%, buoying optimism in the nation’s economic recovery. The pairing is currently trading around AU$1.89. UK Chancellor...

The Pound Australian Dollar (GBP/AUD) exchange rate has soared this morning as the Australian Dollar continues to struggle against a sour market mood and the strength of the US Dollar. Despite a lack of economic data from the UK, Sterling continues to rise as Scotland’s freedom day from coronavirus arrives. At the time of writing the...

GBP/AUD Exchange Rate Falls, Chinese PMIs Beat Forecasts and Improve Risk Appetite The Pound Australian Dollar (GBP/AUD) exchange rate dipped today after the risk-sensitive ‘Aussie’ benefited from stronger-than-expected Chinese PMI data for July. The pairing is currently fluctuating around AU$1.87. Today saw the release of the Chinese...

GBP/AUD Exchange Rate Edges Higher on Risk-Off Mood The GBP/AUD exchange rate rose today following reports of a souring of relations between the US and China during the meting in the Chinese city of Tianjin. Chinese Ministry of Foreign Affairs reported that Beijing had described the relationship between the two countries as being in a...

The Pound to Australian Dollar (GBP/AUD) exchange rate has strengthened this morning as a risk-off mood limits the appeal of the ‘Aussie’. At the time of writing the GBP/AUD pairing are trading around the AU$1.8530 level as the Pound clings to its gains in absence of economic data. Pound (GBP) Strengthens Despite Coronavirus...

GBP/AUD Exchange Rate Falls, Risk-On Mood Buoys Australian Dollar The Pound Australian Dollar exchange rate fell today as an increase in risk appetite has boosted demand for the risk-sensitive ‘Aussie’. The pairing is currently fluctuating around AU$1.83. Risk sentiment has improved as key economies including the European Union, the...

GBP/AUD Exchange Rate Dips as RBA Says it Will Taper QE Programme The Pound Australian Dollar exchange rate fell by -0.5% today following the latest updated by the Reserve Bank of Australia (RBA). While the RBA held interest rates at a record low of 0.1% it revealed that it would taper its quantitative easing programme from September as the...

The Pound to Australian Dollar (GBP/AUD) exchange rate has firmed this morning after a lack of notable data from the UK limits Sterling gains. At the time of writing the GBP/AUD pairing are trading around the AU$1.8455 level as the global market mood continues to drive the ‘Aussie.’ Pound (GBP) Mixed on UK Lockdown Easing...

GBP/AUD Exchange Rate Edges Higher on Strong UK Consumer Borrowing and Rising House Prices The Pound Australian Dollar (GBP/AUD) exchange rate rose by 0.3% today as UK consumers borrow again as the nation’s economy reopens. The pairing is currently fluctuating around AU$1.83. Sterling rose today following a new report from the Bank of...